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hmm. so i was a millionaire and i did not even notice
i am not sure you are right about that
i held over a million shares since early 2012
i think i would have noticed when my portfolio was worth over a million dollars, 90 cents times over a million shares yielding such a result and all
i can be oblivious sometimes, but that would be a record for me
maybe double check your chart and get back to me
i think you are possibly having an early morning brain slippage of some sort with your decimal point there
"it could be wrong, but i dont think so"
is a line of dialog from a sherlock holmes play
i was in back in high school
in the context i thought it was pretty unintentionally hilarious
ps...diditagainthere i think. you mean .06 i am pretty sure
but i get you
would you agree it was partly overinflating the share price by touts but also in the june-july downward plummeting of the price the doubling the amount of shares and selling to someone for prices around the december lows was also a big factor ?
ok. you are saying .09 down to .06 in june is when it fell off the cliff...nothing to do with a specific tout right around that time, right?
i thought you were saying .09 was a price reached by a tout pushing up. you are saying .09-.06 was where the touting collapsed and we fell off a cliff as the insiders of the pump began the dump though right?
that seems absolutely right to me.
(i think you may have typod .9 in there if i recall?, but i figured what you were saying)
yeah, i see that. seems right to me, sort of. the company also did all that dilution right then i think. the balance sheet shows they sold 70 million shares for $50,000, and the share structure change sometime between march when i bought and august. i still dont quite understand what that was all about, but i guess it was part of the levys scam that they were somehow bound to, even though by this time the levys were indicted i think.
i got out some right around then but not enough, then got back in later. i have been long since march 2012.
i dont get what you mean by HOD june 2012 .09ish
is that supposed to be an example of a tout that took it up? it looks to me like .09 in june was just a stop between .10 and .08
not any big anomally
what am i missing?
...meaning the reason they cant use a good tout service is they dont yet have significant revenue, i guess?
i hope they use a tour service
but not like the did 38 times before
when it was apparently not effective
as you quite reasonably point out
perhaps because the services had small followings
or maybe some of those were before january of last year
when i started watching this stock
since then it has not had any big tout induced runups
right?
or has it.
happy to be wrong.
i believe you when you says touts cause runups independant of fundamentals
i think they also tend to come back down to where they started or even sometimes below pretty quickly if the fundamentals are not there, but we kinda have em already to some degree, although not in terms of revenue stream yet
and i believe everyone when the say compared to other penny stocks this a gem and they are small pellets of excrement
i agree = i think they are hoping for one of several pending possible deals, although it seemed ben had one particular deal in mind from what people said he said earlier. but i think they are expecting them, not they have already consummated them in korea and are already receiving revenue.
i think people oughta stop saying a pepsi distributor is a customer. they did a test and the results were good. that does make the distributor a client, it makes them a slow moving prospect. they never said they made a sale, and i am betting that means they did not make a sale yet.
notwithstanding particular components, i agree with your general optimism. past events have shown the company does not spread a lot of hype. and their product tests well and the royalty is awesome cause it suggests a secure patent moat, although i would not say it proves it. nd the levys are brought to justice and their debt has been reduced by close to 3/4s in one swell foop. 10 bagger. good day to get in. GDGI
also, not at all sure they zero, just not major...that much i am pretty confident of. if you were CEO of this battered stock and you put money in the bank, wouldnt you want to give your shareholders hope and a lift in the PPS?
everybody was saying oh they have secret deals already booked and they just cant tell us cause <gnosis is a naive person who does not understand> corporate business has all kinds of reasons for secrecy and we are gonna hear about them when the CE lifts (which, by itself, actually was a reasonable hypothesis). but did any of that turn out to be true? now we have no CE, so the one valid reason to hold back news is gone.
believe me when i say that when i am confident in a guess, i have a high success rate in guessing and i am confident in guessing what we want to see in the 10k, aside from levys, has not happened yet
unless it just happened in the last few days and a PR is pending
so have that garage sale cause any day could be the day although i think may june is the best bet, based on nothing but that 6mill claim and its been a damn long time since very soon
you most certainly will not do that young man
because you will hear me now:
"GDGI will receive royalties on all sales beginning first quarter 2013 per the agreement."
that does not at all say that any sales have transpired. it says all sales that transpire beginning first quarter 2013 will result in royalties.
i don't mean to mean or snide
and i generally respect your opinions and consider
you a clear thinker, but
i believe your optimism is impairing your reading comprehension.
so don't be mad at Ben when it turns out your inference does not match reality
although, who knows, they could surprise me, but again why not say
"will receive royalties on sales that have already been made and sales that are pending."
if that were the case?
nevertheless this stock is an OUTRAGEOUS DEAL!
buy some now and thank me later.
fins will include comment: 2.2millionlevy debt going away
so that is good. even if it is not formally off the books they can say they are in process of getting 2.2 million worth of debt off their books leaving only 800k.
so that at least will be nice about the fins. be excited about royalties if you like, but please just dont get disappointed and sell when they are close to goose egg. i think its better than a 50% chance you miss out on a 10 bagger if you do.
touts used recently did not work?
am i wrong? someone on this board said the stock has been touted several times since ben took over (which i dont necesssarily think means GDGI hired them, right? a big holder or the levys could have done that)
but i dont see any big upward moves in the last little while except that run to .008 recently and that was not from tout service
so it seems that touting did not work
(though like somji says, combine it with real news and KABOOM!)
am i wrong? i certainly am not real committed to this notion, but it seems to be true.
ROYALTIES ARE ZEROISH
i wish people would stop saying that the april 10k is going to be good because of asian royalties
why do you think they are royalties above zero?
did the company say ANYTHING at all to indicate that their partners there had made a sale or paid royalties? why would the hesitate to do that? could it be because, like their US counterparts, the asian CNS vendors have not been able to close any major sales yet?
money will come. and i guess it doesnt matter a lot if everyone hypes up the 10k and it is a disappointment, just like all the hype around PR of a major sale last month, cause whereever it goes in the mid term, in the long run they are going to make one big sale and then rapidly accelerate
but it dismays me to see the share price dropping way back down so i wish people would stop creating expectations that in my opinion are very unlikely to be fulfilled
i predict very little or no royalties
that is not a reason to sell
it is a reason not to sell when you are unsurprised to see little or no royalties on the 10k
if no hidden walls, $240 to .0069
based on the l2 info someone just put up
could be a test install
not a guaranteed sale, so dont be counting on it in the 10k
i will say again, i think high hopes for the april 10k showing good news (or coming out on time even) will lead to disappointment but i hope not selling off. high opes for the eventual success of the stock will lead to riches.
you posted a while ago that the company had used several touts in the last year or so? or sometime after ben took over?
and now that i think about it, i even saw one myself.
is it possible that a large private stockholder or the levys did that and not ben?
i know touts can move the price a lot as your exammple shows
but we have not seen major upward price movements except for the recent move to .008
can you refresh on the prior tout dates so we can see what impact they had or just cut to the chase and show us whichever ones actually had a decent impact on the stock price?
thanks for letting us know about the tout history
yay.
i cant exactly say i hope to be proven wrong, because i said probably sideways, maybe down, but i would be happy to see that my assertions about stochastic* events may have been incorrect.
(you can say an event is low probability and have it happen and not be wrong, according to the way statisticians think about probability anyway.)
*non-deterministic events that cannot be predicted with certainty, can only be assigned probability in the present. i guess to be a statistician, you can't believe in determinism? that can't be right. i think given some people's belief in determinism and stochastics, the congnitive dissonance can be resolved by defining them as "non-deterministic within the limits of our current science."
so that stochastic...
as opposed to stoketastic, the fantatic feeling of stoke you get when you wake up, check your stock, and someone from DC has been kind enough to paint it almost all the way to a penny. the feeling fades when you realize its a paint job, but it was still a nice moment.
thanks, local hero.
i do not follow. sorry.
you are saying panic selling on march 20th was not caused by short sellers deliberately making other investors afraid and planning to cover their shorts after inspiring a sell off?
ok...i can follow that part.
i agree. i think it was caused by unreasonable expectations that were created in large part by posters on this board, expectations that were not met when the PR came out. short sellers the day before did not help any though either. given people were saying big $$ sales are on the way and will be PRd next week (as of january) i can see why some who may have bought based on that would want to sell when it turned out not to be true.
but i dont see how that proves that, without news, the price abruptly fell on tiny volume not because someone wanted out and there are not a lot of buyers but for some other reason.
again, i think its just an anomally of such a thinly traded stock. one person wants to get out and if we dont happen to have a buyer for his $1,000 worth of shares, the share price drops 30%. might not be right, but its not BS
i kinda need money right now, but i really dont want to give up what will soon be $10,000 worht of stock for $500 or something like that, so i am tightening my belt.
i think if i wanted to sell 1 million shares, that would create any more buyers than they are right now, and if i were to insist on selling them today and tomorrow, i would get a pretty damn low price.
since that is what would happen to me, i think it is a pretty plausible explanation of what just happened in the marketplace.
i think that is where we are and will stay for a while. we have all our longs waiting, but possibly becoming impatient or just needing the money now. so we have the possibility of further sales. and even one person selling $1,000 insistently can push the
down quite a bit.
but you have another theory. i am still not clear what it is.
what made the price go down in your opinion?
Without name calling you are incorrect. March 18 saw 73% short selling prior news under 2 million volume. March 19 was only shorted 16% with similar volume. March 20 saw 12 million in volume with a low of .0036. So how could a small volume of 4 million on 18th,19th cause massive panic selling on the 20th. This debunks buying and selling pressure. The huge volatile candlesticks on low volume were purposefully created.
http://ih.advfn.com/p.php?pid=charts&symbol=NO^GDGI
also, while i recognize that volatility is inevitable, and i try to benefit from it instead of being annoyed by it, as i have said, i am all in now. so when i say 10k is not going to help a lot, i am not negating news, i am trying to stop other people from creating volatility by making predictions that are unlikely to come true. i hope you are right that the 10k will have good financial news, but i am not at all confident of that outcome. in fact, i think its unlikely. i dont want people to be disappointed and sell when they become impatient and begin to think they have fallen for hype.
i think we have recently seen that telling everyone there is going to be big good news for sure right now only temporarily helps the share price.
you aren't into that either, as far as i can tell, so despite your apparent acrimony toward me, we are allied in our interests.
look good to other buyers means
that when someone learns about this stock
and checks the price history, it looks encouraging
this is why someone one this board (god bless him!) repeatedly "paints" the stock. that way, when people look at the chart, the tiny purchases at the closing bell at a high price make it look like it is doing better than it is.
my hope is that opinions and information i post on here will actually encourage people to make substantial purchases at times when i think it i can honestly recommend this
when i have said i think the price will go down, i have admitted i intend to buy cause i think the price will go back up. but now for the first time i am sad to admit they might go down, even though i can find no benefit for me in this, because my dry powder is done.
i am not at all a chartist! but i do realize that there are chartists out there, and i did look at the price history before i bought GDGI.
i agree that it will roll when it will roll!
apparently you are saying that i attempt to contradict the direction that news or other speculation would push the stock based on my sentiments.
as i said, when i comment, i hope to recognize and predict likely outcomes, make an investment plan based on that prediction, and contribute to their likelihood by explaining why i think what i think. predicting in the opposite direction indicated by news does not seem like it would be a very effective strategy, compared to predicting what you think the news suggests.
i am curious. why do you post opinions here? i can see why you would ask questions, but what is your motive for posting opinions if it is not to influence other investors?
also, "you are what you are" and "keep digging" and the ** swearing (tos violation by the way) in your posts suggest you are upset with me.
can you tell me what opinion it was that you found so disagreeable?
also i think i the opposite of sentiment driven investor. when this thing looks like its going down, i dont allow my emotions to cloud my judgement and try to convince myself to believe its going up. and my biases dont try to influence people. i do.
*******************************
Thanks for proving my point. I don't give a sh**t if people want to buy more GDGI because of my opinion. It will roll when it will roll. Sorry DCSteve I have to disagree with you on gnosis. He is sentiment driven and his biases try to influence overall sentiment.
"if by bias do you mean a current preference for where the stock goes, my preference is up. i try to pick a preference that i believe is likely to be fulfilled. earlier, i had dry powder, so when i thought it would go down, i preferred it to go down so i could buy. when i thought it would go up i preferred it to up, no not i could sell, but to push the baseline average over time up so it looks good to other buyers looking at the price history graph."
Well gnosis what does "looks good to other buyers" mean? I believe you're a chartist and negate news over sentiment.
Keep digging. You are what you are.
i agree that the rapid rise to near 1 cent without major news induced some people to flip shares and that caused the price to drop.
so you don't think the price dropped because someone wanted to sell right now and nobody who wanted to buy at .006 before still has money to buy there, so they could only get .003ish? and that theory is bull? it might not be right, but it is the simplest most plausible explanation i can think of.
what is your theory?
i shared your apparent distaste for volatility, but i accept that it is going to happen and am willing to try to profit from it.
i did not sell when it went up cause i was not confident it would go back down before news, which, again, i believe could come at any time.
That's the whole f***ing problem. Those picking a position are killing us longs. Look at December the price started to rise from the 52 week low, then all the buying pressure shot the price up to near 1 cent, perfect for a major sell for anyone. Most days the volume was low and major sells created major price drops.
gnosis' theory about buying and selling pressure is bull. The near 1 cent PPS created a sentiment to sell, there was no supply and demand issue. The rapid rise in PPS causes the dump and we are back at December 2012 levels.
So for everyone picking a position like a put options, I hope you get dusted.
i have said things from a devil's advocate perspective, meaning presenting the case for a position i do not agree with. in those posts i said so.
the recent posts are my actual opinions, not defense of other possible opinions that i do not hold.
for instance, i sincerely believe the 10q will not be especially encouraging and the stock will go sideways or possibly even down until a big sale comes along. which could be tommorrow. or may/june. or possibly later this year, but i am betting may/june.
if by bias do you mean a current preference for where the stock goes, my preference is up. i try to pick a preference that i believe is likely to be fulfilled. earlier, i had dry powder, so when i thought it would go down, i preferred it to go down so i could buy. when i thought it would go up i preferred it to up, no not i could sell, but to push the baseline average over time up so it looks good to other buyers looking at the price history graph.
i am not sure what you mean by create conjecture out of my conflicting stated biases. i think you mean: do i post hoping that others will agree with me and buy or sell. yes. i do.
i do not care to count words.
if you look at my posts and think about what i have said, i think you can see i am very candid and open. honesty may not ALWAYS be the best policy, but in general it is one i feel good about, and to my knowledge i have not said anything that is not honest in this forum.
Gnosis do you admit to playing the devils advocate? Do you have a bias? Do you pit one bias against another bias. Do you create conjecture out of your conflicting stated biases? Care to be honest in less than 200 words?
get your .003-.004s while you can!
there are probably a few longs who need liquidity or just got tired of waiting a couple months to early, so there may be some more .003s and .004s out there, but i doubt it will last forever.
cool and save commercial being installed at hospital
according to another poster on this boards information from someone at the hospital in question
again, it is thinly traded.
ONE person claims to have bought those .006ish 6 million because HE knows something specific about something happening in may and june
the PPS would have stayed right there, if there did not happen to be ONE more person wanting to sell than the zero people looking to buy, so they could not get rid of 1.5 million a day at .006 because there is no dry powder and all the longs are full.
if none of the longs had shares and they all read about the stock today, yes, we could all appreciate the potential of this stock and pay .006 or whatever our current averages are and be just as happy as we are now. but everybody who has already decided they like this stock is full up.
i hope the PPS will go up before we get to a big sale, but from my perspective, that is not at all certain. i dont see what is going to attract new buyers except for a big sale. now, if it becomes clear to some unscrupulous people who are hearing from GDGI employees or from buyer company employees that a sale is coming but this info is not public, then we would see the stock move up again.
unfortunately, there were enough weak hands that 6 million did not move the price over .006 that day. i think that could easily happen again a couple times before people catch on and stop selling and start buying.
angle - get your garage sale on! i dont even have a garage. already sold it.
>>I get you're logic. But,always a but,today's trading at .0028 was nearing the 52 week low. So what you're saying is until there are significant earnings PPS will stay down there? This is not a 52 week low company anymore. My logic counters your logic. I could have dumped like a few others at .009ish and made 100% profit. Then I could have bought again and had 67% more shares. I didn't because I don't like the stress and I go long on fundamentals. You are arguing lack of company profitability but reality is sentiment. If that 6.6 million purchase a week ago at .006ish was based on company fundamentals, then why didn't the PPS stay there. AGAIN this is not a 52 week low company, there's something more going on. People want to buy this cheap for a reason, but flip when they get a little profit going. I believe that is the problem. GDGI has turned around. If this was poker, GDGI's hand just gets better and that is why people want this PPS low, to get in last minute. For all the flippers you'll get left behind and dusted.
april 10k is not the dynamite
i think this stock is way undervalued, not because of things that have already happened but have not been made public, but because of its huge potential
april 10k will be no surprise to those who have been following along and thinking clearly: no sales have been announced so no revenue should be expected. no revenue was indicated in the announcement of asian royalties, only the potential for revenue. if those agreements were already yielding substantial returns they could have said so.
it may be possible to drive the stock lower by creating unreasonable expectations. if you were long and wanting to pick up some more stock, saying the 10k is gonna be great might be a good strategy. but it seems like everyone is pretty low on dry powder, so maybe not creating unreasonable expectations that are sure to lead to disappointment would be a better strategy.
re thinly traded at PPS
because there are few buyers or sellers on any given day,
any attempt to sell or buy move the PPS more than a stock that is not thinly traded.
i doubt that scott trade's news editors are sabotaging penny stocks so they can buy them. that seems a little far fetched. i think scott trade's news editors maybe have a huge pile of penny stock stuff to post and sometimes they make mistakes. another possible explanation is user error or browser error. your having seen half a story and not the rest does not necessarily mean scott trade did not have the story up.
this price action is not hard to understand i think. the stock is super thinly traded. the longs have been thinking any minute now for a couple months at least and every time there has been a downturn they have been surprised and bought a little more. now all the longs are up their maximum exposure, except for the ones that are past it.
yes, people will buy at .0033, but if someone wants to get out right now, that is the best they are gonna be able to do cause we have no new buyers and the longs are close to tapped out.
supporting news hypothesis: the big buy
also there is that 6 million at .006 buy a few days ago
concurrent with a posting claiming credit for the buy
and saying the buyer was mysteriously confident in major sale
by may/june
now i don't think that means it will happen for sure, but i do believe someone placed a $36k bet based on information they got from someone at the company or someone at the buying company
i am vaguely remembering news was re big new client for sale
so it is something different than the royalty deal
because of the company's general candor, i am inclined to believe that the CEO sincerely thought (and i hope still thinks) that one of these deals is coming any minute.
a poster said something about retail clients making illegal short sales. when i said retail short sale, i meant to refer to his statement and to describe a short sale by a retail investors as opposed to a money maker or an institutional investor. retail investors can short whatever they want if a broker will lend them the shares.
how or why would a retail short sale be illegal?
amen. there is no evidence that a string of PRs is forthcoming.
if they can close the various deals they will PR them.
having a potential deal to work on does not automatically mean that deal will close.
given they have several opportunities, there is a possibility that a string of PRS is forthcoming.
given that they have a royalty agreement in asia, they might surprise me by already having made a significant sale. that would be very surprising to me, given they have not told us there has been a significant sale in asia. as before, i do not think the company is keeping completed sales secret from us. i think the far safer assumption would be they have sold the same amount in asia recently as they have in the west, which is zero.
given all that, i think the stock is still way undervalued.
i would guess they have a way better than 1 in 10 chance of pulling off a big sale yielding a 10 to 1 or better increase in stock price in just the short term.
i think that amount will be zero or close to it
we just saw someone bail at .004 possibly because they were expecting news by now.
many people on the board seemed confident there had been a sale, in the absence of any evidence that this was true, and some got quite shrill when i opined that it was more likely that they had not gotten a sale.
now it is clear that my guess was correct. on to the next episode. i don't see any reason to ASSUME that asian sales efforts, which started just recently, are way ahead of western sales efforts, which have yet to bear fruit.
yes, they are going to receive royalties starting in 2013, just like the PR says. they are no doubt in fact already receiving 100% of the royalties to which they are entitled. which on sales of zero dollars will be zero. i think your inference that the use of "receive" instead of "entitled to receive" or whatever demonstrates that they are getting actual revenue is overly optimistic.
that is not to say that this stock is anything less than a buy, but rather to say that the unjustifiable assumption that GDGI has already banked royalties from asian sales which have progressed faster than sales outside asia can only hurt the share price when that turns out to be false.
also i predict the 10k will not come out on time.
day of 6.6 mil purchase mr tx claims it
and says he knows something big is happening
by may/june
that is a lot of money to put behind a rumor
if it is true that mr tx bought on this rumor of his
he seems to have a lot of confidence - $36,000 worth of confidence
bears make money? how?
someone said they though this was a bear raid
causing a short term dip but shares go to
strong hands so its just irksome
that bears make money
bears aint makin no money on this
i think
if these are short sales, they gotta cover
at under what they sold
i doubt that will happen
i dont think it was a bear raid
i have a hypothetical investor in mind whose behavior could explain this day
i think it was an investor who got tired of waiting
and they view this as a play where they are willing to lose
100% for a shot at a 10 or 20 to 1 return
and if they decide they are done
they dont want to fool around to alter their result by 10 or 20%
because for them the amount is not large - this is play money for funsies. they watch the single percentage point on their larger invevstments, but for this, they dont have time.
they were looking for the long shot action
they cant be bothered to sell slowly and carefully
to get .0055 instead of .0038
something like that is my guess
cause i cant see anybody winning with that bear raid
on news day manuever
and i also doubt anyone found out something so dire that they are pressed to sell before the news breaks. just wanted out and didnt give a honey badgers butt if they came up 20% or down 20%.
wow. everybody on this board would buy more at .004 if they had not already been repeatedly surprised by the opportunity to buy more at .004. so you can't even drop 3 million on news day without tanking the price. no matter.
when the big sale news comes this will be tightly held and with only $800k in debt and possible revenues of a million or more from a single sale i think it will look like an attractive buy to the new eyes that news and price action will bring.
especially if longs keep in mind that while the first big sale suggests a rosy future - the second and third confirm it to a much wider audience so if a lot of people hold the majority of their shares, except for maybe "beer money"- say 100k shares for a trip to for two to belgium to bicycle around to abbeys sampling 1,500 year old yeast, the price could really shoot up extra nice in the long run as a result of weird days like this. whoever bought those shares, just remember - third big sale! there is your exit point.
hold tight when the first news comes and get a brewery instead of a beer. well, after the first news its only a triple or whatever, but a lot less risk than right now.
what is the gap up for monday?
if everybody holds and somebody buys it will go up.
i am of no strong opinion
but reaching a cent tomorrow seems like a slim possibility
but a possibility
i believe it too
its kind of weird and defensive maybe to have a share moratorium all the time?
i trust his informal moratorium to mean they have no pressing bad surprise needs for funding
but if they get a big order and need money to build it, they retain the right to issue and sell stock at their discretion to make the good to make a profit
and further since he is expecting orders but said he is not expecting to issue stock, i suspect that maybe the finance company that will finance purchase of CNS systems will also finance construction for GDGI for a couple months or however long it takes to settle
yes look at my links on my previous
post
it says which page of the annual report
so you can see it with your own eyes
and as steve says, the exact
figures
are more like 3 milllion and 2.2 million
so its only .8 left
rather than 3/2/1
as i had rounded off
in the headline